Since 2009 the IMF's Exchange Rate Regime Classification System Uses

question 26

Multiple Choice

Since 2009 the IMF's exchange rate regime classification system uses a "de facto classification" methodology. Under this system, currencies that are predominantly market-driven are considered to be:

• A) soft pegs.
• B) hard pegs.
• C) floating arrangements.
• D) a residual agreement.

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Definitions:

Defense Mechanisms

Psychological strategies used by the mind to protect itself from anxiety and to manage emotional conflict and distress.

Libido

in psychoanalytic theory, refers to the sexual drive or desire that is a primary source of motivation for human behavior according to Freud.

Gonads

The reproductive organs in animals and humans that produce gametes; in males, these are the testes, and in females, the ovaries.

Sexual Fantasies

Imagined or daydreamed sexual scenarios that an individual finds arousing or pleasurable.